1/311 Boundary Road, Mordialloc, VIC 3195

Industrial | Retail

Sold $300,000

  • Property ID: 440797
  • Floor Area: 67m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 15/03/2024 67m2 N/A $355,000
UNIQUE & AFFORDABLE TENANTED PATISSERIE CAFE

This Could Be Perfect For Your SMSF!

POINT OF INTEREST:

Unique speciality fit-out patisserie café with tasty leasing terms - Chloe and Zoe Patisserie & Café have been serving cakes since 2020. The retail business eagerly signed up to a 3 + 3 + 3-year lease beginning in August 2023, with leasing income of $20,000pa plus GST. Comprising 67 sqm* of total building area, purposefully fitted as a retail cake stall and cafe. 2 car spaces included on Title, plus 14 visitor car spaces on-site. With street frontage and exposure to Boundary Road, safeguarding business exposure for any food retail or future industrial 1 use.

- Leased to Chloe & Zoe Patisserie Pty Ltd
- Current leasing agreement: 3 + 3 + 3 years beginning in August 2023.
- $20,000 + GST in leasing income.
- annual 4% rent increases
- 67 sqm* total building area.
- Industrial 1 zoning.
- 3 car spaces on title, plus an additional 14 on-site.
- 800 m* to the Mordialloc Freeway.
- 3.1 km* to the Dingley Bypass.
- 2.4 km* to the Nepean Highway.

The property is very well located to take advantage of the thousands of cars passing every day.

Mordialloc Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6725 $155 2.30%
Retail $4864 $174 3.57%
Industrial $4025 $123 3.06%
This is the average advertised price, rent and yield for Mordialloc, VIC 3195*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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